Bitcoin Price Falls Below $84,000 as $487 Million in Longs Liquidate
Photo: Watcher Guru
Bitcoin price falls below $84,000 as leveraged bets on further gains unraveled, with most of the damage packed into a few hours late Tuesday. The Bitcoin price slid to a 24-hour low of $83,647.88, as Bitcoin long liquidations piled up and a Bitcoin liquidation wave fed a wider crypto market selloff. Longs made up nearly 97% of the liquidations during the sharpest four-hour stretch, while US government-linked wallets also moved $103 million in BTC and BNB ahead of the US midterms. Also Read: Institutions Selling Gold For Bitcoin: Big Rally Incoming?
Source: Watcher Guru
